Egypt on track to execute 11,232 housing units in Dar Misr

Big 5

Egypt is carrying out 11,232 housing units in New Mansoura City, 128km (79.5 miles) north of Cairo in the Nile Delta, among the state’s Dar Misr middle-income residential flagship, said Housing Minister on Saturday.

The country is executing 4,704 new homes, including 196 buildings in the city as part of Iskan Misr project, Moustafa Madbouly further stated, adding that the accomplishment rates reached 52 percent.

In August 2017, Egyptian President Abdel Fattah al-Sisi issued a decree establishing a new city in Mansoura.

The decree approved the re-allocation of 5,104 feddans or 21.4 million square metres of the state-owned lands to the New Urban Communities Authority to be used in establishing a new urban community, the New Mansoura City.

New Mansoura is expected to have more than 150,000 housing units for around 680,000 citizens. The city is set to include touristic housing, villas, and medium-income and social housing as well as regional university and technological industrial development zones.

Comments
Loading...